Company News

Nu Skin 2Q Profit Up 12 Percent

Author Image

By: TOM BRANNA

Editor

Nu Skin Enterprises Inc. said that its second-quarter profit rose 12% to beat Wall Street estimates, but the company guided below expectations for the rest of the year. Net income grew to $22.8 million, or 32 cents per share, from $20.3 million, or 28 cents per share, a year ago. Revenue rose 9% to $310.1 million, a quarterly record, from $284.2 million last year.Sales in Nu Skin’s largest market, North Asia, rose 7% to $171.2 million, while sales in China grew 8% to $64.1 million, and Nor...

Continue reading this story and get 24/7 access to Happi for FREE


Already a subscriber? Sign in

Keep Up With Our Content. Subscribe To Happi Newsletters